How can you afford to pay out 3% return monthly?

In the contract Cash Today is responsible for all collections on any returned checks. Due to the fees collected (up to 15% for two weeks) there is a built in "cushion" for any funds that have not cleared. One of the most frequently mentioned statements is "This is too good to be true". Allow us to demonstrate through the following example, how to dispel that myth.

Let's assume an average of 10% (which is well above the industry average of 4%) of all checks for the month are returned checks.
� For a period of one month one check-cashing store loans out $70,000. That's only 233 loans per month at $300.
� The total checks received is $91,000 (multiply $70,000 by 30% for the month - 15% per 2 weeks)
� Out of the $91,000 only $81,900 was collected. A loss of $9,100 was incurred due to returned checks. (Represents a   10% loss on returned checks)
� There is a Gross Profit Margin of $21,000 ($91,000 minus $70,000)
� The NET PROFIT MARGIN is $11,900 ($21,000 Gross Profit Margin minus $9,100 Returned Checks). This is a   17% Net Profit Margin for the 30 day period.
� From that Net Profit of 17% Cash Today USA pays the Factorer (You) 3%.
� Payday Profit Margin is 14% for 30days or 168% per year.

As you can see, there is more than enough "cushion" to cover any "so-called risks".

What is the "risk"? How does Cash Today minimize the "risk"?

Cash Today USA uses strict check cashing guidelines. The following guidelines deters the non-quality customer from attempting to defraud the company.

1) Customer must provide proof of current residence.

2) Customer must provide 3 months of Bank Statements.

3) Customer must provide a current Utility statement in their name.

4) Customer must provide telephone number in their name.

5) Customer must provide proof of employment.

6) Customer must provide a current drivers license.

7) Customer must provide Social Security card.

With all the above requirements, it is a rare instance that the funds will not be available. The people that use our service are hard working and honest people that need a little help and have no objections supplying us with the above information.

What is the term of my Purchase?

The term is one year with an option for one additional year.

Why don't you get your money from bank lines of credit?

There are two reasons. Firstly banks see us as lenders and typically their banking charter prevents them from lending us any money at all. Secondly, many banks across the country are either in this business right now or are planning entry, into this extremely lucrative market.

What if I need my money back earlier than expected?

The Accounts receivable agreement, or (loan agreement), includes a 90-Day CANCELLATION. A Full 90 days is required for notice after which a full refund of principle funds invested along with fees due to the refund date are due and payable in full to Investor. The 90 days gives us time enough to 'call-in' these monies from customers.

Use of Funds? Does all my money 'go out on the street' to be lent out?

Indeed 100% of Factoring Funds are lent out by contract it would be an act of fraud to otherwise use any funds other than the explicitly Contracted agreement.

Is my Investment market sensitive?

Absolutely Not! The payday advance industry is not one that is interest rate sensitive nor does a bull or bear market dictate our profit margins. Because of the growing need for services provided by the payday advance industry, Cash Today USA is a unique and safe way to have your investment dollar grow without exposure to market conditions.

How can I be assured that you won't run off with my money?

Did you not read the first question?